According to the latest statistics from IBM's Factory Layout International, which tracks global investment projects, China has attracted foreign direct investment (FDI) in the chemical and pharmaceutical industries for the third consecutive year, ranking first in the world. From 2003 to 2005, China's chemical and pharmaceutical industries attracted 24% of FDI; investment in production declined, and investment in R&D doubled.

IBM's monitoring also showed that the number of confirmed FDI projects in the global chemical and pharmaceutical industry declined during the three years. The number of FDI projects in China was the highest in 2003, which was 275; in 2005, it dropped to 195. In the United States, the number of FDI projects also dropped from 153 in 2003 to 104 in 2005.

Judging from the situation in various regions, FDI in the chemical and pharmaceutical industries has changed from 2003 to 2005. Asian developing markets, including China, India and Thailand, account for one-third of all identified FDI projects. From 2003 to 2005, China's production-related FDI projects decreased by about 10%, and in 2005 accounted for 60.3% of China's total number of chemical FDI projects. Relatively speaking, China's FDI projects related to R&D have nearly doubled here.

Kevin Swift, chief economist of the American Chemistry Council (ACC), believes that developing China is becoming a “world factory” and the long-term development prospects of the chemical industry are promising. China's 264 billion U.S. dollars/year chemicals market is second only to the United States and Japan, ranking third in the world. In 2005, China became the third largest chemical producer, exceeding the output value of 223 billion U.S. dollars in Germany.

The China Chemical Industry Park, which is dedicated to the development of the China Petroleum and Chemical Industry Association, plays an important role in raising investment, attracting foreign investment, promoting industrial development, promoting technological upgrading, developing regional economies, and improving management. China’s large-scale petrochemical companies plan to invest US$20 billion by 2010 to expand their olefins and derivatives. Dow Chemical has planned to invest more than US$200 million to expand its epoxy resin business in China.

Several major joint ventures in China have also set up factories or expand production. Shell and CNOOC have invested in a US$4.3 billion petrochemical complex in Daya Bay, Guangdong Province, and are already in production, targeting the Guangdong market, which accounts for about 20% of China's chemical demand. BASF and Huntsman invested $1 billion in an isocyanate joint venture in Shanghai, which has also started production.

Electric​ Heater

1. The inner core of the electric heat pipe is made of high-quality stainless steel or other materials, with a coat of PTFE, which is highly corrosion-resistant and suitable for heating various corrosive liquids.

2. Low surface power design (1.5kw /CM) to ensure the service life of the product.

3. The installation position of the electric heater should be paid attention to prevent the solid in the solution from depositing on the surface of the electric heater, or the liquid is too thick and the liquid level is too low, which will cause the teflon tube (PTFE) to be burnt due to the poor surface heat.

4. The shape is divided into vertical type and bottom heating "L" and "Z" type.

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